We are given the standard electrode potentials for two half-reactions:
\[
E^\circ ({Fe}^{3+}/{Fe}) = -0.04 \, {V}, \quad E^\circ ({Fe}^{3+}/{Fe}^{2+}) = +0.76 \, {V}
\]
To calculate \( E^\circ ({Fe}^{2+}/{Fe}) \), we can use the Nernst equation, which relates the standard electrode potential for the two half-reactions:
\[
E^\circ ({Fe}^{2+}/{Fe}) = E^\circ ({Fe}^{3+}/{Fe}) + E^\circ ({Fe}^{3+}/{Fe}^{2+})
\]
Substituting the values:
\[
E^\circ ({Fe}^{2+}/{Fe}) = -0.04 + 0.76 = -0.46 \, {V}
\]
Thus, the value of \( E^\circ ({Fe}^{2+}/{Fe}) \) is -0.46 V.